Douglas expects its sales to grow in 2025

Douglas AG

19/12/2024 06:42

Dec 19 (Reuters) - German perfume and cosmetics retailer
Douglas  DOU1.DE  on Thursday said it expected its sales to grow
in the fiscal 2025 compared to the past year, boosted by strong
growth both in stores and online.
    The group, which makes half of its sales in Germany,
Austria, Switzerland, Belgium and the Netherlands, forecast
adjusted sales of between 4.7 billion and 4.8 billion euros
($4.9 billion and $5.0 billion) for the current financial year,
up from the 4.45 billion reported for the year through September
2024.
    Analysts polled by Vara were expecting adjusted sales of
4.44 billion euros for 2024 and 4.75 billion euros for 2025.
($1 = 0.9629 euros)

 (Reporting by Amir Orusov in Gdansk; editing by Milla Nissi)
 ((Amir.orusov@thomsonreuters.com))